Senior Vice President (SVP), Operations Salary

Six-figure salaries are the norm for Senior Vice Presidents of Operations in the United States, with median pay hovering around $149K per year. Including potential for bonuses and profit sharing — peaking near $76K and $40K, respectively — total cash payment to Senior Vice Presidents of Operations can bottom out near $91K or peak near $281K depending on individual performance. This group's pay is mainly influenced by location, followed by career duration and the specific company. Job satisfaction is high and work is enjoyable for most Senior Vice Presidents of Operations. Medical benefits are awarded to almost all, and a fair number earn dental coverage. Most Senior Vice Presidents of Operations survey respondents are men (73 percent). This overview is based on answers to PayScale's salary questionnaire.

$86,159 - $227,614
(Median)
$86K
$150K
$230K
MEDIAN: $149,240
10%
50%
90%

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$14.50 - $58.00
(Median)
$14
$30
$58
MEDIAN: $29.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Salary
$86,159 - $227,614  
   
Bonus
$2,427 - $76,216  
Profit Sharing
$1,954 - $39,981  
Commission
$0.00 - $60,000  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,785 - $280,759  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 1,536
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$50$100$150
Hourly Rate
$14.50 - $58.00  
   
Overtime
$14.00 - $46.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100K$200K$300K
Bonus
$2,427 - $76,216  
   
Commission
$0.00 - $60,000  
Profit Sharing
$1,954 - $39,981  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$90,785 - $280,759  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 14
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Job Description for Senior Vice President (SVP), Operations

Senior vice presidents of operations work underneath the managing president of a business or company; they manage a company’s day-to-day functions using guidance, supervision, and leadership related to operational procedures. The specific tasks of this position vary from company to company, but a senior vice president is generally tasked with ensuring the company's operations are working within the laws and the company’s standards and goals.

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Senior Vice President (SVP), Operations Tasks

  • Partner with other senior management to discuss strategies, objectives, and obstacles.
  • Monitor and strategize to reach annual targets and new markets.
  • Oversee and manage regional and cross-functional divisions of an organization.
  • Oversee accounting and financial analysis, and monitor for profitability and losses.

Common Career Paths for Senior Vice President (SVP), Operations


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Senior Vice Presidents of Operations sometimes move into a Chief Executive Officer role, where the salary is similar. Many Senior Vice Presidents of Operations go on to become Chief Operating Officers or Presidents despite the fact that median compensation in those roles is reportedly $35K lower and $21K lower, respectively.

Senior Vice President (SVP), Operations Job Listings

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Popular Employer Salaries for Senior Vice President (SVP), Operations


The biggest paychecks can be found at Bank of America Corp. (BOFA) — the median salary there is $167K; however, employees are subject to a wide range in pay, with the lowest salaries sitting near $97K and highest ones in the neighborhood of $225K.

Citibank offers the lowest pay in the field with a median salary of just $151K, but on the other end, some employees may earn up to $231K.

Popular Skills for Senior Vice President (SVP), Operations


Senior Vice Presidents of Operations generally report applying a varied skill set to their work. Most notably, facility with Contract Negotiation and Team Leadership are correlated to pay that is significantly above average, leading to increases of 39 percent and 3 percent, respectively. Those listing Financial Analysis as a skill should be prepared for drastically lower pay. People Management and Sales Management also typically command lower compensation. The majority of those who know Operations Management also know Leadership and Project Management.

Pay by Experience Level for Senior Vice President (SVP), Operations

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience seems to be a major factor in determining the incomes of Senior Vice Presidents of Operations. The average inexperienced employee pulls down a cushy six-figure sum; the median salary for people claiming fewer than five years of experience is $103K. After working for 10 to 20 years, Senior Vice Presidents of Operations make a median salary of $173K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $186K.

Pay Difference by Location


Boston is home to an above-average pay rate for Senior Vice Presidents of Operations, 49 percent higher than the national average. Senior Vice Presidents of Operations will also find cushy salaries in Philadelphia (+31 percent), San Diego (+28 percent), Minneapolis (+26 percent), and Dallas (+19 percent). The smallest paychecks in the market, 2 percent south of the national average, can be found in Chicago.

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Experience Affects Senior Vice President (SVP), Operations Salaries



National Average
$172,000



Skills That Affect Senior Vice President (SVP), Operations Salaries

Contract Negotiation
up arrow 39%

Team Leadership
up arrow 3%

Strategic Planning
up arrow 2%

Operations Management
up arrow 1%

Leadership
up arrow 1%

National Average
$172,000


Risk Management / Risk Control
up arrow 13%

Sales Management
up arrow 16%

People Management
up arrow 17%

Financial Analysis
up arrow 36%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 290 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
0%
1-4 years
2%
5-9 years
7%
10-19 years
35%
20 years or more
55%

Common Health Benefits

medical benefits Medical: 91% dental benefits Dental: 78%
vision benefits Vision: 64% employee benefits None: 8%
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